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No power train without Miba technology

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100<br />

(15) Inventories<br />

Inventories are composed of the following:<br />

TEUR 01/31/10 01/31/09<br />

Raw and auxiliary materials and supplies 12,907 18,395<br />

Semi-finished products 14,225 16,011<br />

Finished products 19,182 24,511<br />

Advance payments made on inventories 89 114<br />

Total 46,403 59,031<br />

The inventories include accumulated write-downs totaling TEUR 5,596 (previous year:<br />

TEUR 6,650). The write-down amount in the current year is reported in the consolidated<br />

income statement under cost of materials.<br />

(16) Trade and other receivables<br />

TEUR 01/31/10 01/31/09<br />

Trade receivables 59,030 55,642<br />

Receivables from production on contract (PoC)<br />

Advance payments received on<br />

750 1,315<br />

receivables from PoC –530 –780<br />

Receivables from affiliated companies 11 215<br />

Other receivables and assets 8,695 7,408<br />

Prepaid expenses 444 658<br />

Total 68,399 64,457<br />

Financial receivables only 60,302 57,956<br />

All trade and other receivables reported as of January 31, 2010, and January 31, 2009,<br />

were classified as falling due within one year.

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